HMRC recommend you register as soon as you become self employed, but you can register any time up to 5 October in the business' second year.

Anonymous

Subject: Registering a small business with HMRC
06/12/2017 14:47:28

Thanks. But what does that mean in practice and is there official HMRC guidance? For example, is it the day you decide to start the business or when you first start receiving income or when you first incur costs etc etc.

Anonymous

Subject: Registering a small business with HMRC
06/12/2017 11:22:26

As soon as you are set up and not before.

Anonymous

Subject: Registering a small business with HMRC
06/12/2017 11:14:23

Hi,
General question. For anyone who is thinking of setting up a small business as self-employed, at what point should they be advising HMRC? Is there official guidance?
Thanks.